Skip to comments.End the Ethanol Madness
Posted on 07/26/2012 10:09:03 AM PDT by EveningStar
Economists are warning that the current drought in the Corn Belt is going to result in higher food prices...
But there is one thing the president can do to alleviate the effects of the drought: suspend the nation's ill-conceived ethanol program.
That program now burns up 40% of the U.S. corn crop...
(Excerpt) Read more at americanthinker.com ...
Agreed! Bring back pure gas in all markets!
My vehicle will burn the ethanol or regular gas. I tried the ethanol ONCE. I will never use it again. The MPG goes way down with it.
The sad thing about this is we are headed from 10% ethanol in gasoline to 15%. At the rate we are going we’ll have to import corn in order to eat it. And the government will continue to pay farmers not to plant and grow it!
#1 I want pure gas not this mandated crap.
2. This is ethanol from corn and nothing but corn.
3. You should make ethanol from any source if ethanol is the goal, but that’s not the goal.
4. Ethanol is very corrosive.
I tell you, history will laugh at us for burning our own food.
15% ethanol will wreck 2 stroke engines. That forces you to buy new or go electric.
I use regular gas in all my yard equipment. I also add Sta-Bil. I noticed on the Sta-Bil label (no rhyme intended) that it says it will negate the corrosive effects of ethanol. I don’t use it with ethanol 90/10 but if anyone knows for certain I’d like to know.
It is wishful thinking to think that obama would actually do something that would help. ABO 2012
It didn’t take a rocket scientist to predict this corn ethanol path would be a disaster. However it did take some reasoning ability and a willingness to not accept sound easy magical solutions without question.
DRILL BABY DRILL !!
Congress has to do it, anyway. They can act independently. They don’t have to wait for Obama to take the lead.
In a company’s capital structure, the bondholders get first claim on cash flows (or the company is bankrupt), and the stockholders get what’s left (the residual) —whether it is a large amount, a small amount, or nothing.
Stretching the analogy to the corn crop, the government has put ethanol production in a priority position, leaving the food market with the residual corn production. The ethanol demand for corn is legally mandated, and hence fairly inelastic. Because of this demand, the percentage supply fluctuations in food corn, and hence the price variations, are magnified.
Now, couple this effect with the fact that corn-based ethanol isn’t a very good source of energy. Opinions vary, but the consensus seems to be that after all of the energy required to farm the corn and distill the alcohol is subtracted from the ethanol’s energy output, it’s a close to break-even proposition. So, we pay an exorbitant amount for food, wreck all older small engines, and don’t help our energy balance (or global warming) one bit with this silly policy.
It might be cheaper to just send corn farmers a government check than support this ethanol boondoggle. The ethanol program sadly won’t go away..too many RINOs from farm states support it. However if corn prices go up won’t the price of ethanol as well? If E-10 or other ethanol blends no longer have any price advantage over regular gas the market may well end the program.
I live in the heart of corn country and also the heart of ethanol production. There isn’t much ethanol being made from corn now days as corn prices are too high and plants here are being mothballed.
Distillers grain which is the by product of corn used in the ethanol process is actually good feed for cattle. Actually better than just plain corn. Do a little research on it through Google or ane of the other search engines.
I’m a car guy from way back and I only use straight gas, no ethanol but it pains me to see my money going overseas to people who hate us.
Yeah ethanol plants are closing down here in Indiana faster than K-marts in the 1990s.
Since Congress repealed the subsidy on domestic and the tariff on imported, I think a lot more is coming from Brazil.
They can make it from sugar cane much cheaper.
>The MPG goes way down with it.<
Of course, what do you expect — the heating or energy value (BTU/gallon) is much lower than that of gasoline.
You’re getting fewer BTUs for your $ — it is another way of screwing the public.
Always remember — someone is getting veeeeeeery rich by producing ethanol, and veeeeeery rich people can influence veeeeery spineless politicians to pass laws to produce more ethanol.
On sort of the same subject, I love how the electric hand dryers profess to “save trees’ while not telling us how much greenhouse gas is produced by burning coal for the electricity that powers the hand dryer.